Cameroon’s debt debate: borrowing is getting costlier
1 Articles
1 Articles
Cameroon’s debt debate: borrowing is getting costlier
A Bloomberg report on the performance of Cameroon’s dollar bonds has, within a week, turned into a broader debate over the country’s solvency in several local media outlets. President Paul Biya’s prolonged absence from the country has been cited as the reason. Yet public debt accounts published by the Autonomous Sinking Fund (CAA) present a more consistent and, above all, more nuanced picture, three months before a planned $690 million financing…
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